History

 

An Historical Timeline

2000: CUTASC conceived as a shared technology vehicle for ten northern BC credit unions, offering economies of scale for the participants.

2002: CUTASC formally came into existence under the ownership and guidance of Evergreen Savings Credit Union (ESCU) and Northern Savings Credit Union.

2003-4: ESCU & NSCU, Terrace and District, Quadra and Cumberland and District credit unions convert to a new Wealthview Banking System from Fincentric under CUTASC

2006: Terrace and District Credit Union merges with Northern Savings Credit Union, CUTASC’s parent company.

2006: Evergreen Savings entered into a merger with Coastal Community Credit Union and exited both its client and shareholder relationship with CUTASC.

2006: CUTASC converted off the Open Solutions ATM/POS switch due to service deterioration and eventual exit from the business by Open Solutions Inc.

2007: Fincentric is acquired by Open Solutions Inc.

2008: CUTASC acquires NuTech IT Solutions Inc., expanding its IT support business.

2009: Quadra Credit union merges with Coastal Community Credit Union.

2010: CUTASC signs Bridgewater Bank to a long-term services contract

Detailed information on the history of CUTASC here.

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